German Chancellor Merkel was met by protests in Portugal, where she met with Prime Minister Coelho. Merkel was met with mockery, as she painted a positive picture of the country's future.
Joblessness in the euro currency area fell slightly in February as growth remained tepid. The sovereign debt crisis is still hampering job creation in Greece and Spain, while the German labor market continues to shine.
Encouraged by ultra-low interest rates in the eurozone, Portugal's left-leaning government has set out to reverse years of austerity, but runs a mounting risk of falling back into the debt trap. Jochen Faget reports.
At a meeting with the world's top five economic organizations, German Chancellor Angela Merkel called on the IMF to remain part of Greek bailout efforts as worries about a new debt crisis appeared stronger.
Greek Finance Minister Yanis Varoufakis has resigned, a day after the Greek Referendum; Euclid Tsakalotos has been confirmed as his successor. Read about the latest developments in Greece's ongoing debt crisis here.
© 2016 Deutsche Welle |
Legal notice |
| Mobile version